Articles
Insurance
Property losses from the flooding in Texas caused by Hurricane Harvey’s record-breaking rainfall will reach between $65 billion and $75 billion, according to estimates by catastrophe modelling firm AIR Worldwide. 7 September 2017
Insurance
Short-term trading and the buying of live catastrophe coverage could become much more prevalent with the advent of real-time data—but it is still early days, Luzi Hitz, chief executive officer of PERILS, told Baden-Baden Today. 24 October 2018
Insurance
Distributed ledger technology—blockchain—will level the playing field in the insurance market, but this is probably one of the main reasons it is being held back from more widespread adoption, George Freimarck, managing director of Xceedance Europe, told Baden-Baden Today. 24 October 2018
Insurance
Despite apparent trends towards bigger global reinsurers benefiting from economies of scale, specialist regional reinsurers with strong local knowledge and expertise remain important, as Fuad Kuliyev, CEO of Az Re explains to Baden-Baden Today. 23 October 2017
Insurance
The UK Financial Conduct Authority (FCA) has found no significant issues to “merit the introduction of intrusive remedies”, following its review of the wholesale insurance brokers market. 21 February 2019
Insurance
The sale of specialty re/insurer Canopius by Sompo Japan Nipponkoa Insurance to a private equity consortium led by Centerbridge Partners has been completed. 9 March 2018
News
Advances being made by insurtech will be fundamental to the industry going forward and is a key part of the strategy of broker Ed for this reason, Jonathan Prinn, group head of broking at Ed, told Baden-Baden Today. 22 October 2018
News
Broker BMS is looking to collaborate with its suppliers and insurers to ensure it maximises the potential of insurtech solutions, and it has set up a new unit dedicated to achieving this, Adam Stafford, the chief operating officer of BMS Group, told Baden-Baden Today. 22 October 2018
Insurance
The Liberty syndicates at Lloyd’s will lead the reinsurance programme on one of the largest ever single project tunnelling and rail construction insurance policies ever. 23 April 2014
Insurance
State-owned reinsurer General Insurance Corp of India (GIC Re) on Aug. 7 filed for an initial public offering (IPO) to be listed on the Bombay Stock Exchange
and the National Stock Exchange of India. 7 August 2017
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